A US citizen has filed a lawsuit over losing $2.1 million in Bitcoin tokens due to what he believes to be a pig butchering scam orchestrated by a crime syndicate in Southeast Asia. According to a release on Oct. 3,…

The latest Cointelegraph video discusses one of the most dangerous crypto scams, 'Pig Butchering,' where victims are lured into fake investment schemes.

The Commodity Futures Trading Commission (CFTC) has joined forces with various organizations, including the Securities and Exchange Commission (SEC), to raise awareness about cryptocurrency scams, particularly those tied to fraudulent romantic relati

Chinese crypto noobs are being tricked into laundering funds for ‘rewards’ — and pig butchering scammers are kidnapping kids: Asia Express.

A new breed of crypto scams is on the rise called “pig butchering. ” These […] The post The US Government Has A New Enemy: Crypto Pig Butchering Scammers appeared first on .

The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as “pig butchering,” according to a Sept. 11 press release. According to the agency, these scams have l

Multiple US federal agencies have come together to distribute an infographic on crypto pig butchering to help Americans recognize and avoid the scam.

New data from market analytics platform Chainalysis reveals that “pig butchering” schemes are the most lucrative type of crypto scam in 2024. In its 2024 crypto crime mid-year report, Chainalays reveals that pig butchering – or a scheme where bad act

Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to an investment fraud scheme. The scheme, known as “pig butchering,” involved criminals creating fake romantic relationships to deceive victims into investing in fr

FBI has seized $2.5M in crypto from a pig butchering scam based in Thailand.